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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: surfbaron who wrote (7628)9/30/2002 10:36:57 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
I believe the gold rush begins when Trez rates bottom
at that point, and only then, alternative safehavens will be exhausted
until then, the Trez bubble (and MortgBacked) continues

but I have a big concern about S&P downdrafts
they usually cause illiquidity vacuums that hurt ALL stocks
could we see GOLD rising in price, while gold stocks languish ???

O'Higgins in the Barrons brief interview expects just that
he is out of XAU call options
he expects an '87-like crash soon

/ jim